These MDP updates are provided for Million Dollar Pips Forex Robot EA
owners. This is an inside look so you can better understand the MDP
robot if you are not already a owner.
Robot tested here at brainyforex [Trading Results]
Public reviews [MDP Reviews]
The above HUD display shows the money management setting used for testing at brainyforex. Two percent risk entered as 2.0.
Update sent out on 16 November 2011 by William Morrison creator and developer of
MillionDollarPips.
Hi Fritz,
Thanks for being a loyal MDP customer.
Some people have been spreading false rumors and some people have
just been worried in general about MDP continue to work forever.
First, I would like to establish that there is plenty of life
left in MDP. The strategy still works and we are constantly monitoring
it.
The execution times.. stop worrying so much about it. A good VPS
and good broker is important. There are people doing well with 2000 m/s
.. it's good to try to lower it, but don't think this is the main cause
for disaster.
Also, MDP will NOT win all the time like any other strategy, it will have losing days / weeks.
This week / last week has been a little slow, but this is because
we have flat markets and we are approaching holidays. This causes less
trade opportunity especially for what MDP is looking for.
So just because it's going slow right now, does not mean the
robot is failing. It means the market conditions are not right. And we
need to be patient. Some market news may help. As spikes and
volatility can help, but as we approach holidays markets may be flatter.
Please pass this to others.
Thanks for your support!
William Morrison
MillionDollarPips
Team
Million Dollar Pips Team, 2167 East 21st Street, PMB 151, Brooklyn NY 11229
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